Hey there, fellow traders! If you're looking for a game-changing trading system, let me introduce you to the MA Rounding Channel indicator, which has been seamlessly integrated into this Expert Advisor (EA). This EA is designed to give you clear signals for executing trades right at the bar's close when the price breaks through the upper or lower boundaries of the channel.
To get started, simply place the MA_Rounding_Channel.ex5 file into your terminal_data_folder\MQL5\Indicators directory.
For the tests shown below, we used the default input parameters of the EA without applying Stop Loss or Take Profit. This gives you a clear picture of how the system performs under straightforward conditions.
Fig. 1. A snapshot of trade history on the chart.
Now, let’s dive into the testing results for 2011 on the USDCHF pair using the H4 timeframe:
Fig. 2. Overview of the testing results.
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